British banknote manufacturer De La Rue has signed an agreement to enter a joint venture with the Government of Kenya. A press release from De La Rue confirmed that the agreement was made on 18 August 2016, saying that it “strengthens and builds on our existing long term strategic relationship with the Government of Kenya”. The partnership…
The Banco de la República of Colombia has confirmed that it will begin to issue the $50,000 denomination banknote next week, on Friday 19 August 2016. This will be the third banknote of the new series issued by the central bank of Colombia, following the $100,000 and $20,000 issued this year in March and June respectively. According to…
The Bank of Thailand has issued a 500-Baht commemorative banknote, celebrating the 7th cycle birthday anniversary of Thailand’s Queen Sirikit on 12 August 2016. The banknote was unveiled by Mr Veerathai Santiprabhob, the Governor of the country’s central bank. The front of the commemorative banknote remains the same as the currently circulating denomination, but the reverse design…
The Central Bank of Liberia has announced that it will soon issue a new series of banknotes. The statement available from the Central Bank of Liberia’s website confirms that, in keeping with its statutory mandate to at all times ensure that the integrity of the Liberian Dollar is uncompromisingly maintained, a new series of banknotes will soon…
The counterfeiting of euro banknotes has decreased during the first half of 2016, figures from the European Central Bank show. The counterfeiting of euro banknotes has decreased during the first half of 2016, figures from the European Central Bank show. During the first half of 2016, 331,000 counterfeit euro banknotes were withdrawn from circulation. This continues…
Watch how the new fiver £5 note from the Bank of England is made. The film, from the Bank of England, shows the new £5 note being printed by De La Rue at the Bank of England print works in Loughton, Essex, UK. The new £5 banknote, called the New Fiver, was unveiled earlier this month…
Following yesterday’s unveiling of the new euro €50 banknote, which will be issued on 4 April 2017, the European Central Bank (ECB) have posted a video detailing five facts about the new banknote. The video looks at the 50 euro banknote’s use throughout the Euro system, how often the current circulating denomination is counterfeited, its production costs, and…
The European Central Bank (ECB) has today revealed the new €50 euro banknote which is to begin circulating on 4 April 2017. The new banknote is the latest of the Europa banknote series issued by the central bank, gradually replacing the original euro currency issued in 2002 with one that includes up-to-date security features to reduce the risk…
On 1 July 2016, the National Bank of the Republic of Belarus redenominated the Belarusian ruble, following a decision taken by Edict of the President of the Republic of Belarus No. 450 dated 4 November 2015. This has resulted in, for the first time in the history of the Belarusian ruble, coins being introduced into…
A press release by the Bank of Mauritius confirms that it aims to begin issuing a new series of banknotes from 2017. A media release dated 17 June 2016 has been presented by the country’s central bank detailing the reasons behind the new banknote series. There are currently seven denominations circulating within the country; Rs25, Rs50, Rs100, Rs200, Rs500,…